Danling Jiang

Finance professor 🎓 research investor psychology and market anomalies 📊 promote financial freedom 🗽 for a better financial education 📚💰

[Danling Jiang @danling_jiang]

@4misceldah How about Editors using AI referees directly?

[Alex Finn @AlexFinn]

Today my one-person newsletter business crossed $50k of revenue

I started monetizing it just 6 months ago

Here are 10 steps that turned my hobby into a business (while maintaining a day job)

This is a must-read if you are looking to make money on your content

[Lyn Alden @LynAldenContact]

Years ago, The Narrow Bank tried to do a business model of just taking deposits and holding 100% of them in reserves at the Fed.

It would basically be the safest possible bank if allowed to exist, but they have not been granted a Fed account. They even went to court over it.

[Chris Ciovacco @CiovaccoCapital]

Since 1980, NYSE Breadth Momentum Oscillator has only moved from rare oversold condition to rare overbought condition 4 previous times:

1. After major low in 1982
2. After major low in 1991
3. After major low in 2009
4. After major low in 2020

Two images below - click to view.

[Watcher.Guru @WatcherGuru]

Total time it took to reach 1 million users

Netflix: 3.5 years
Twitter: 2 years
Facebook: 10 months
Spotify: 5 months
Instagram: 2.5 months
ChatGPT: 5 days

[MacroVoices Podcast @MacroVoices]

Sneak preview of @ErikSTownsend’s upcoming docuseries about the coming global energy crisis.

Why it can’t be avoided, what caused it, and what it will take to solve it.

4th of 5 special episodes airing Sundays in January. Download PDF at https://t.co/nF1eVivTXm
#OOTT

[Kenneth Todd @kennethtodd]

ChatGPT isn’t the only AI-powered website…

Here are 14 AI websites that feel illegal to know about:

[Steve · Millionaire Habits @SteveOnSpeed]

22 lessons I learned after hitting a 7-figure net worth in my mid-30s.

1: Your designer degree from an overpriced university is overrated for 99% of careers.

2: Your 9-5 job will make you more money than you can imagine.

3: 99% of people should be 100% index fund investors.

[Anthony Pompliano 🌪 @APompliano]

I have been thinking a lot over the weekend and there are a few things that I want to address.

This entire FTX situation absolutely sucks. There is no other way to put it.

Real people have been harmed by bad actors.

[Rapha Zagury @alphazeta]

For those holding ETH and really looking to learn about the risks. I would start with this: @JasonPLowery and @PrestonPysh in one of the best podcast episodes I’ve recently listened.

https://t.co/PPGOFprMaF

[glassnode @glassnode]

With the recent collapse of the #FTX exchange, we have undertaken studies to assess the scale and relationship of on-chain flows over the last 1yr.

The following thread covers 🧵
- Fund flows between #FTX, #Alameda, #Binance
- The complete decline of #FTX exchange reserves

[Binance @binance]

While we have everyone’s attention, let’s talk about transparency in the industry.

Over the last five years, we’ve shared countless tweets and blogs about our ongoing initiatives to keep users safe.

In this thread, we’ll highlight some of the most important.🧵

[CZ 🔶 BNB @cz_binance]

To adjust to recent price fluctuations, #Binance has topped up the #SAFU insurance fund to $1 billion USD equivalent again.

BUSD AND BNB address about 700m: https://t.co/OMoB6HeR6r

BTC address 300m: https://t.co/6kOJ1MZhMM

Transparency. 1/2

[CZ 🔶 BNB @cz_binance]

What is #SAFU fund?

https://t.co/Z8NkYB9Amf

[CZ 🔶 BNB @cz_binance]

Two big lessons:

1: Never use a token you created as collateral.

2: Don’t borrow if you run a crypto business. Don't use capital "efficiently". Have a large reserve.

Binance has never used BNB for collateral, and we have never taken on debt.

Stay #SAFU.🙏

[CZ 🔶 BNB @cz_binance]

In the spirit of transparency, might as well share the actual note, sent to all Binance team globally a few hours ago.

https://t.co/IUNkPcLC8T

[Binance @binance]

As part of #Binance's ongoing commitment to transparency, we are sharing details of our hot and cold wallet addresses.

Stay tuned as we will publish a Merkle tree proof of funds within the next few weeks.

More details here ⤵️